Short Interest in 1RT Acquisition Corp. (NASDAQ:ONCHU) Decreases By 39.9%

1RT Acquisition Corp. (NASDAQ:ONCHU) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 391 shares, a decline of 39.9% from the February 26th total of 651 shares. Based on an average trading volume of 2,545 shares, the short-interest ratio is currently 0.2 days.

1RT Acquisition Stock Performance

Shares of NASDAQ ONCHU traded down $0.01 during midday trading on Friday, hitting $10.26. The stock had a trading volume of 20,044 shares, compared to its average volume of 7,103. 1RT Acquisition has a 1-year low of $10.20 and a 1-year high of $11.35. The company has a fifty day moving average price of $10.33 and a 200 day moving average price of $10.44.

Institutional Trading of 1RT Acquisition

A number of institutional investors have recently added to or reduced their stakes in ONCHU. Tuttle Capital Management LLC purchased a new position in 1RT Acquisition in the third quarter valued at about $422,000. Syquant Capital Sas bought a new stake in 1RT Acquisition during the third quarter worth approximately $105,000. JPMorgan Chase & Co. bought a new stake in shares of 1RT Acquisition during the 3rd quarter worth about $524,000. Readystate Asset Management LP bought a new stake in 1RT Acquisition in the third quarter valued at about $105,000. Finally, Alberta Investment Management Corp bought a new stake in 1RT Acquisition in the third quarter valued at approximately $262,000.

About 1RT Acquisition

We are a blank check company incorporated on December 13, 2024 as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.